G.T. Not True, not true at all. I have been doing these penny stocks so successfully because of that Mr. John Paquet's Volume leverage formula. This April of 1998 I have a chance of double my money on CWA cuz that POG went up from that $276.50 to $315 and CWA went up from that .11-.12 to .24-.25 but I was expecting that POG to go up at least $357. [I was wrong in this April.] That POG not only did not go up beyond that $316 instead it went back down to these $282.50 which is still $6.00 above the Janyary 18, 1998's low =$@276.50. CWA went along with POG so did every mining stocks.For examples; MGD from .23 to .06, CTP from .19-.21 to .03-.04; almost every thing I can think of. As I say this POG goes up and down and down and up and we are seeing the double bottom of this POG. As you know this has been above that $276.50 January 18, 1998's low for the entire EIGHT MONTHS. This is not a real BEAR AT ALL.
It appears to me that investors or speculators when a stock trading below .10 or below .15 or below .20 then they start to complain a lots, they point finger each others, and complain no good drilling results, complain even on management team, they do nothing [I mean accumulating lots of this supervalue shares.] just complain. They behave irrationally. They even point the finger to themselves and start to fear and become worried many strange feelings like roll-back, change name, CEO's resignation and many stupid things.
When the market is hot they start to hype, and they then get lots courageous thinking, and buy more, they are really thinking that pots and pans and pay very high prices. and They never complain and point finger to each others, they are euphria very happy, not fear and not worried at all.
After all who is real winner???? After all whose money or working capitals will sit in VSE prison cells. I can Indentify the prison cell for you. Some one bought DML on May 2, 10,000 shares the prison will read like this :
1998050210000-4.00VSE it means in 1998 May02,CD$$40,000 sat on that prison cell. HAHAHA!!!! |
